2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

I am a Mopar guy (Fiat guy, whatever) and I think Ford did a great job with the Cobra Jet race car program except for not seeing that the cars all got in the hands of racers, not collectors or speculators.

At the rate they are going it will be 2012 before all the Challenger Drag Pak cars are delivered but at least all I have seen have gone to racers.

Bill Lamb

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

It will be interesting to see if it sells, and how much.

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

How much are they new if you get one to race?

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

Good question for Jesse Kershaw.

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

Ford made a huge mistake selling them from the showroom. This was so that the dealer could first screw someone who wants to buy one by putting on their ad dement sticker of street value. Next is the person willing to pay that amount so that they can add their amount speculating knowing that there is only 100 of the Cobra's being built. The ad on ebay is showing how bad it is. I hope the seller has to sit on his investment and looses what ever profits he thought he would get from this vehicle and then some. Mopar at least did it the right way with getting people with resume's in racing before selling them. I hope that they doget out into the racing network in full force.
Casey Miles
248H

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

From what I understand, they were about $70,000 from the dealer to the customer.
Bill Seabrooks - superfan1
Bridgeport, Ct.

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

Casey,

I too wish more of the factory CJ cars were raced, but on the the other hand it is a free country and Ford can't hand-hold its customers. I really don't mean to seem rude or to stir up the pot with you personally, but these negative, inaccurate posts just eat me up. First, there were only 50 CJs built, not 100. Second, why do you assume every dealer is out to screw someone? I know many who got their CJs at sticker. Seriously, dude, do you plan to buy one? Why the grave concern for how Ford does business? How, in any way, does it affect you and your racing program? Ford happens to sell cars at dealerships, and this one, albeit a rare one, was sold just as other Mustangs were. If you got in line quick enough you had the chance to be a CJ owner. And there have been plenty to hit the track so far.

For the record, in 1995 Ford did require a NHRA or similar road racing license to purchase a 1995 Cobra R (there were 250 built). Unfortunately, even this did not guarantee that all the cars made it to a track as many went into the hands of collectors. While unique, these cars are not worth much more, if any, than the original purchase price. Ford did not want to go through this trouble again (which actually amounts to mounds of paperwork and more dollars wasted on crap) since it didn't mean anything in the end anyway.

David Lindsay runs a '95 Cobra R in D2 (not sure if it is a real car) and that is the only one I've seen in NHRA. A bunch were raced and wrecked in SCCA or similar competition.


Evan

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

Anyone going to the Chicago race this weekend need to make sure they stop by for the Town Hall meeting (see the sticky post). An excellent opportunity to talk to the Ford Racing staff and get facts (not internet speculation) on these cars and other Ford programs, etc.

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

I paid sticker for mine at Varsity Ford and it was one of the smoothest transactions I have ever made in my life.

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

Well said.

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

I stopped by the Ford dealer I worked for today, TEAM FORD in Las Vegas. And yes they HAVE built l00 units. 50 last year and 50 this year. There are 30 still available as of this morning at 65K a pop.
This is according to my friend Chris, who is General Sales Manager. I still race after starting 49 years ago with and old 427 64 Thunderbolt! Bob

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

No one is going to pay $100k for that car when/if they are still available. Even if they aren't I don't see that car bringing that kind of money so soon after production. My gut feeling is he will sit on that egg for a while before it matures any.

Evan, why didn't you come out to our first Southern Stock/Super Stock Association race Memorial Day weekend? You missed a good race, there was actually some Fords in the field, even a GT 500 running in pure stock. Where are you located in Tampa, would love to meet you in person.

Smitty

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

Evan: Just a look at what is been going on with doing business, that in the past wouldn't fly. Every dealership that I gone to down here in Florida has an ad dement sticker on all their cars no matter if it's just a plain jane. I know that the Ford dealerships were taking BIDS on the GT40's when they came out, so why not the Cobra's cars be sold the same way just like the GT40's, it's a dealerships way of doing business. Why do you think that it's a positive thing that someone purchases a Cobra from a dealership who is a dealer and has no intention of racing it, then marks it up $30K from sticker? If Ford did the selling of the Cobra's the way that Mopar did it, we would be seeing all the Cobra's at the tracks. Where is that a negative post?

Casey Miles
248H

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

Let's clear the air on the number built. There were 50 2008 Mustang Cobra Jets built. They have all been sold and delivered to the end users. The end users are racers, collectors or entrepreneurs who are trying to make a fast buck. I always thought making money was what built this country. I guess its all right with certain people if they make money but not the other guy. The retail price on the 2008 car was $69,995 plus local sales tax. I know Varsity Ford in Ann Arbor, Michigan delivered 15 of the cars and everybody paid the same price $69,995 plus 6% sales tax unless you were from out of state and then it was up to you to pay your local sales tax. I know at least 3 of their customers are trying to resell the cars for more profit than the dealer made and I think this is ok. The market will dictate the value of the car and the dealer didn't "gouge" anybody. I will bet most, if not all of the dealers sold their cars the same way. Back to the numbers. Ford racing has taken orders on 50 2010 Mustang Cobra Jets and will build them sometime this fall or winter. the package will change and the pricing will be higher but there will be more content to the car. There is a lot of speculation but the final package has not been announced. Ford Motor is still not on solid ground and I would not call this a done deal untl the cars are built. There will only be 50 2008 factory built Cobra Jet Mustangs until the end of time and 50 factory built 2010 Cobra Jet Mustangs until the end of time. The buyer will dictate the price after the initial sale and 50 of each number is a very small number. The Cobra Jet on E-Bay has been listed 3 or 4 times and has been a no sale. If you want one of the 50 and can afford it, then bid, if not, move on in life. Now go and try to buy a ZR1 Corvette. LOL.

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

Bob,

You are wrong. There were 50 built and Ford is "going" to build 50 more using the 2010 body, but these haven't been built yet. This was confirmed by Jesse Kershaw of Ford Racing.

Smitty, I moved into my new house, but have been traveling a bit. I live in Valrico. I'm sure once I'm all settled I will make it to some Southern S/SS races. My car is still in NJ, because I'm racing a little more up there.

Thanks,

Evan

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

Casey,

Re-read my post. I stated that I would love for all the 50 cars to be raced, but that just isn't going to happen. Ford tried to ensure that all cars got raced in 1995 and IT DIDN'T WORK! It takes a lot more paperwork (read: money and manpower) to sell cars exclusively to NHRA-licensed racers and in the end what would stop a racer from reselling the car to a collector? Ford wanted anyone who wanted a CJ to have a fair chance to buy one.

I also hate when dealers mark up cars, but that too is reality of life, however, not all dealers are "screwing people" and marking cars up. All of the CJ owners I know, save for the first one sold at Barrett Jackson, went for sticker (or actually below). Many Ford dealers have marked up (at the begining of each run, almost every new hot rod Mustang (Mach 1, Cobra, Shelby, etc.), along with the Ford GT (which is the proper name, not GT-40). All these cars came down to sticker or below over time.

BTW, Chrysler and GM have done the same thing with the Challenger and the Camaro SS. I don't like it, but no one is forced to go buy a car either. Anyone can wait a bit and the price will come down.

Evan

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

How much did people pay for I Phones when they first came out? Price markups come about when there is more demand than supply. In other words, people do this to themselves. College professors cal it "price elasticity". 2008 and 2009 Shelby KR's are begging to be sold on Ford dealers lots and the early customers paid an addendum price. I know a Ford dealer who paid another Ford dealer a $25,000.00 markup just to get a KR because he didn't win at Fords KR lottery. I wonder how stupid he feels today. Let's look at this another way. In January Ford stock was at one dollar ($1.00) and today it is six twenty ($6.20). Instead of buying a 2008 Cobra Jet, you bought $70,000.00 of Ford stock and now have $430,000.00. Who was smarter, the collector or the investor. People buying these late model cars as investments are only fooling themselves. These cars were made to race and hopefully most of them make it to the track. Truthfully, I have been disappointed in the few that have competed. There will always be people who want to say " I have one of the original 50 Cobra Jets in my car museum". I have a good friend who did the investment in Ford stock and made the money. He sold the stock yesterday and today he's trying to buy a 2009 ZR1 Corvette with a $15,000.00 addendum. His reasoning is that he just made all this money in the stock market and Government Motors will find a reason to not build the ZR1. This does not seem right. Reasons are like noses, we all have one.

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

Its just the way it is, I work for a Nissan dealership. Our dealership has sold 5 GT-R's. Everyone over $10,000 above sticker price. Its supply and demand.

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

Casey it's too bad you know NOTHING about how these cars were sold.

My family owns Varsity Ford in Ann Arbor MI. We had 15....yes 15 of these cars grace our dealership. They were all sold at STICKER! Not thousands over to make a quick buck.

Of those 15, 13 were for our customers. We picked up the extra two from a dealer that couldn't afford to keep them in inventory. We could have made a killing on those cars, but once again sold them at sticker.

My entire family has supported drag racing since my Grandfather and Great Uncle owned Stanford Bros. Dodge in the 60's. They sponsored cars back then.

Louis Stanford the President of Varsity is a drag racer. He has a beautiful 68 R Code Cobra Jet car that was raced by Carl Holbrook in the 70's. He also sponsors other racers from Milan dragway.

I was lucky enough to get one of these cars. I will be racing this car. It's not going to sit a garage collecting dust. I have already had it out testing. I won't be running in NHRA, as I don't have the time, budget or skill for that matter. I'm going to run it at our local tracks and some NMRA events.

My Uncle Lou also has a 2008. He is planning on racing his also.

The owner of #27 on E-bay purchased his car from us. While we don't like seeing the car not being used for the purpose it was built, we can't tell someone what do to.

BTW Casey this is my CJ #21 being raced. Maybe not in NHRA, but it's still on the 1320 and not a garage!

http://www.youtube.com/watch?v=MFKRY...layer_embedded

Well put Evan. Thanks for being on the "dealers side". I know most times dealers are the "Bad Guys", but this was not the case.


Thanks again for you business.

I'm so fired up to see Ford jumping into Super Stock drag racing again. Brian Wolfe is the Director of North American Motorsports. Brian is the PERFECT man to fill this seat. I grew up watching him make history with the 5.0 Mustangs. He is kind my idol LOL!!! I know Brian will fight tooth and nail to keep drag racing part of Ford's future.

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

Don''t begrudge a dealer who marks his cars up above sticker, which is really called "manufacture's suggested retail price".
Instead, feel sorry for the dealers that have closed their doors and have gone out of business.
Look at how many cars the dealer is forced to sell below sticker price. He is allowed to ask any price for his cars that he wants. It's called 'supply & demand'.
If you don't like it, don't buy his car.

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

For the record Dave confirmed with me his is #200 of 250.

Hey Evan, is it true you moved to Florida? Well, there goes the neighborhood...:rolleyes:..I guess it's gonna snow here next winter (sorry man, I couldn't resist LOL:p!!!!)

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

Can I get a 2010 Shelby GT500 (street car) in black with gold stripes? I don't see gold as a stripe option, will Shelby do custom changes such as this?
Thanks to Evan's articles, I want one!

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

HELL NO! There's upping the price, then there's raping the public. 100k for a car that stickers at 70& therefore adding about 30% is rape! If I ran you over at the speed limit, then at 30mph+ you don't think you'd get hurt worse & resent it more? Well it's the same thing with car buying. I don't have a problem with dealers making a buck BUT "sticker" isn't what they pay---far from it, so they're actually making farrrrrr more than sticker if they add their mark-up. C'mon how dumb do you think the general public is?

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

We live in a free market society (or at least that's the theory, but now it appears like change, change we can believe in, is in the wind...kind of like a fart :)
Your free to buy and your free to not buy. It's really that simple.
At what percentage point is a collector car's value in the open market "ridiculous"?

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

If you don't like a dealer's price, go to a different dealer. It's not brain surgery you know.

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

Jeff,

Wait until the October issue of MM&FF. I did a proper drag test of the 2010 GT500 and the numbers are very impressive.

Gary, it better not snow down here, I gave my snow blower and snow shovels away.

Evan

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

Jeff,

At this point there is no option for Gold stripes, but that doesn't mean it can't happen. We have a great source for custom stripe kits.

I hope you don't think that car is at a Ford Dealership. It was purchased at sticker and is now being resold.

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

There have been 100 Cobra Jet mustangs built. 50 '08's that were sold out in 2 and a half days. And 50 '09 Cobra Jet Mustangs. I went back to Team Ford where I worked before I retired again, there was a factory rep there and with the General Sales manager we went to the internet and they proved it. Anyone can google 09mustangcobra jet and see for themselves!! Evan Smith said I was wrong, I don't come on here to post bulls---. ( The 09's even have different graphics)

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

"Hemicop" reminds me of Dave Young Maybe he should change his "name" to bankrupt "Hemicop"

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

Bob,

I'm not trying to make you look bad, but the facts are the facts. Despite what you read on the internet, there were only 50 2008 Cobra Jet Mustangs built and delivered. I believe all were delivered in 2009, despite the fact that they are ALL 2008 models. I've been to the plant and saw most of the cars in production. Additionally, there were two (2) graphics packages. You could order one with the big snake or without it. Most internet sites have it all wrong. It was about a $1,700 option so many came without it.

If you are so intent on believing that there are 100 cars, I suggest that you forget whatever contact you have and call Ford Racing directly. I am pretty tight with the project, and with the men who developed it. Most think the cars are '09s because Ford built and delivered them in '09, but they are all 2008 models to commemorate the '68 CJs and there are only 50, just like in '68.

Evan

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

Bob you couldn't be more wrong nor could your source. There are 50 2008 Cobra Jets. They were delivered in 2009, so that might be where your source is wrong. As for the next 50 they haven't been built yet. Also they will be a 2010 model year.


Evan once again is 100% correct.

*side note*
Evan will you be up to Michigan next week for the NMRA? If so, I'd like to meet you. I'll be running my #21 in Super Stang. If you are going to be around, look for a CJ with Varsity Ford on the side.

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

Could someone here please tell me the raceweight of these '08 CJ drag pack cars? Tasca Ford's car has been banging out consistent 9.90's up at New England Dragway in NH.....very impressive...just how light did they make these cars? Much thanks. :eek: WJ

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

....the 'stock' 2009-2010 Mustang Cobra Jet is 400 - 500 lbs less than the 2010 Camero or the Dodge Challeger

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

So, for NHRA A/S class, are they 3200 raceweight? Or??? Thanks. WJ.

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

AA/S or AA/SA = 7.5 lbs/hp x 425 rated HP + 170 lbs for driver = 3358 lbs. minimum weight
A/S or A/SA = 8.0 lbs/hp x 425 rated HP + 170 lbs for driver = 3570 lbs. minimum weight

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

...would be 3400

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

Appreciate the info.....;) WJ

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

In case anyone cares, the car got no bids.

Re: 2008 Ford Cobra Jet Factory Race Car #27 FR500CJ
 

Good !